Reference - Scheming Friends

question 23

Multiple Choice

Reference - Scheming Friends. Willy very much wants to rent a basement apartment in Weaver's home. Willy threatens to tell all Weaver's friends that he and Weaver had been arrested for illegally smoking marijuana unless Weaver rents the apartment to him for $100 per month. Weaver reluctantly agrees to rent the apartment to Willy for that amount. Willy also wants to buy Weaver's car. Weaver runs back the odometer on the car before Willy test drives it. Willy is impressed by the low mileage and agrees to buy the car. Finally, Weaver offers to sell Willy a ring for Willy's fiancée. Weaver tells Willy that the ring is a diamond and believes that to be true. After the deal is made, however, a jeweler friend of Weaver's informs him that the ring is a fake. When Willy shows up with the money, Weaver says nothing. He just hands Willy the ring and takes the money. Later, Willy finds out that the odometer was run backwards from another friend to whom Weaver confided. Willy also finds out from his girlfriend that the ring is a fake. Which of the following is true regarding Willy's rights in regards to the car purchase?

• A) He will not be able to rescind the contract because Weaver made no affirmative statements.
• B) He will not be able to rescind the contract unless he can prove that he expressly asked Weaver if the mileage was run backwards on the car and Weaver failed to reveal that it had been altered.
• C) He will not be able to rescind the contract because the mileage alteration did not affect the engine of the car.
• D) He will be able to rescind the contract because of duress practiced by Weaver.
• E) He will be able to rescind the contract because of the fraudulent misrepresentation of Weaver.

Recognize the importance of trust in virtual teams and how it differs from trust in conventional teams.

Explore the lessons and considerations for managers in developing and maintaining virtual teams.

Understand the advantages and challenges associated with virtual teams.

Recognize the concept of the uniqueness advantage in the context of virtual teams.

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Definitions:

Empowerment

The process of increasing the capacity of individuals or groups to make choices and to transform those choices into desired actions and outcomes.

Kolb

David Kolb is an educational theorist known for his learning style inventory and experiential learning theory, which emphasizes learning through experience.

Coolidge

Refers to Calvin Coolidge, the 30th President of the United States, often associated with economic policies and political philosophy.

Gender Characteristics

Traits or attributes traditionally associated with males and females, often used to describe tendencies in behavior, attitude, or physical characteristics.